Important message from St. Louis Fed Bullard.

https://finance.yahoo.com/news/fed-bullard-says-75-vaccinations-171818709.html

St. Louis Fed Bullard has indicated something very important for the stock market.  He is proposing that the US Fed will likely commence QE tapering after vaccination reaches 75% to 80%.  In other words, the US Fed should terminate its bond purchase program after the US reaches its herd immunity.

What's the repercussion?

Well, the termination of the bond purchase program will push up the treasury's yields which will cause stock valuations to drop.  Please read below to understand the relationship between treasury's yield and the stock valuation.

http://sg-stock.blogspot.com/2021/01/the-us-fed-is-lying-again.html

Fed Bullard also recognizes in his speech that the US will face higher inflation in 2021.  We had warned about the higher US inflation much earlier.

http://sg-stock.blogspot.com/2021/03/the-us-inflation-is-coming-part-11.html